I bought a cheap, plain wood letter "K" at Michael's, and painted it a bright, glitter pink!
I also bought a few small cup hooks, painted those, as well, and screwed them into the base.
(I like to hammer small nail holes partially in first, to mark where the screws will go, and make it easier to screw in the hooks by hand)
The letter "K" came with a hanger on the back, so all I had to do was hang it on the wall with 2 nails.
And, voila! Totally cute necklace holder! This would work with larger hooks as a coat rack or scarf/purse holder, too.
You should make one, too!
So there.